dc.contributor.author | Çelebi, Emre | |
dc.date.accessioned | 2019-06-28T11:10:58Z | |
dc.date.available | 2019-06-28T11:10:58Z | |
dc.date.issued | 2013 | |
dc.identifier.isbn | 9781479920082 | |
dc.identifier.issn | 2165-4077 | en_US |
dc.identifier.uri | https://hdl.handle.net/20.500.12469/1399 | |
dc.identifier.uri | https://doi.org/10.1109/EEM.2013.6607390 | |
dc.description.abstract | Many electricity market models have either mostly ignored the demand response to changing prices (e.g. day-ahead models with mostly fixed demand) or at the other extreme they assumed that the full demand response occurred within one hour. Moreover the capital stock adjustment and the forward-looking nature of consumers are usually omitted. In this paper we propose variational inequality models for electricity markets with dynamic demand models where the intertemporal nature of consumption (i.e. the current consumption decision affects capital stock/habits and thus the future preferences and demand) is recognized. It is intended that the proposed models would develop a framework for electricity market equilibrium models that incorporate the dynamics of the demand side. © 2013 IEEE. | en_US] |
dc.language.iso | eng | en_US |
dc.rights | info:eu-repo/semantics/openAccess | en_US |
dc.subject | capital stock adjustment | en_US |
dc.subject | demand response | en_US |
dc.subject | habit formation | en_US |
dc.subject | load modeling | en_US |
dc.subject | Power system economics | en_US |
dc.subject | variational inequality problem | en_US |
dc.title | Electricity market equilibrium models with dynamic demand functions | en_US |
dc.type | conferenceObject | en_US |
dc.relation.journal | International Conference on the European Energy Market, EEM | en_US |
dc.department | Fakülteler, Mühendislik ve Doğa Bilimleri Fakültesi, Endüstri Mühendisliği Bölümü | en_US |
dc.identifier.doi | 10.1109/EEM.2013.6607390 | en_US |
dc.identifier.scopus | 2-s2.0-84891597670 | en_US |
dc.institutionauthor | Çelebi, Emre | en_US |
dc.relation.publicationcategory | Konferans Öğesi - Uluslararası - Kurum Öğretim Elemanı | en_US |